Enterprise Risk Officer - Enterprise Risk Identification

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message.  In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application. 

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

As the company's second line of defense, Corporate Risk — or Independent Risk Management — provides independent oversight of risk-taking activities. Independent Risk Management establishes and maintains Wells Fargo's risk management program and provides oversight, including challenges to and independent assessment of, the frontline's execution of its risk management responsibilities. We manage risk according to the Risk Management Framework and ensure all employees understand their individual accountability for managing risk. Corporate Risk roles depend on a variety of skills, including: Data analysis and synthesis, root cause analysis, change management, process management & execution, risk governance, risk strategy, risk identification & assessment, risk prevention, controls & mitigation, risk monitoring, reporting & escalation, risk systems & technology.

Risk management at Wells Fargo is organized with clearly defined lines of defense to provide effective risk oversight and decision-making across the organization. Each line of defense is assigned specific responsibilities and understands the associated activities it is expected to perform.

Independent risk management in Corporate Risk is responsible for independent oversight of risk-taking activities. The function is led by the Chief Risk Officer, who reports to the chair of the Risk Committee of the Board of Directors. Strategic enterprise function-aligned leaders in the Corporate Risk organization provide an independent view of horizontal, cross-business risks.

Strategic Enterprise Risk Management (SERM) is a group directly under the Chief Risk Officer that is responsible for a variety of strategic functions within Corporate Risk that includes risk reporting, risk governance, risk programs that oversee risk measurement and risk identification, strategic and reputational risk oversight, and risk optimization and strategy.

This role within the Enterprise Risk Identification and Assessment team will help support execution of quarterly ERIA process including various strategic enhancements to the program. The candidate will have primary responsibility for the following: 

• Support the execution of the Enterprise Risk ID quarterly process including supporting the development and maintenance of the enterprise risk inventory, support front line and IRM functions in the completion of risk assessments, and support various reporting and data analytics functions. 
• Support the foundational risk component ownership role for ERIA including providing subject matter expertise on the content and use of the following foundational risk components including but not limited to: risk event, risk driver, etc.  
• Support the execution of strategic enhancements in support of ERIA Program evolution including but not limited to: migration to continuous assessment methodology, increased granularity within the Enterprise Risk Inventory, implementation of new risk materiality scale, and implementation of the risk and control taxonomy.
   

• 7+ years of experience in risk management (includes compliance, financial crimes, operational risk, audit, legal, credit risk, market risk, IT systems security, business process management) or 7+ years of financial services industry experience, of which 5+ years must include direct experience in risk management

• A BS/BA degree or higher
• Excellent verbal, written, and interpersonal communication skills
• Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals
• Ability to work effectively in a team environment and across all organizational levels, where flexibility, collaboration, and adaptability are important
• Ability to take on a high level of responsibility, initiative, and accountability
• Ability to lead during times of ambiguity and change
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment

• Proven experience with risk and control taxonomy and/or risk and control self-assessment (RCSA) 
• Proven experience with Enterprise Risk Identification process
• Experience building and implementing risk program
• Experience with data analytics and risk reporting 
• Possession of a Master’s Degree and/or an industry designation such as PRM, FRM, CRMA, CFA, ERP, or similar designations will be an asset

• Ability to travel up to 5% of the time

NC-Charlotte: 401 S Tryon St - Charlotte, NC
MN-Minneapolis: 600 S 4th St - Minneapolis, MN
IA-West Des Moines: 7001 Westown Pkwy - West Des Moines, IA
AZ-Tempe: 1150 W Washington St - Tempe, AZ
TX-Irving: 5000 Riverside Drive - Irving, TX
MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

• All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
  
  Relevant military experience is considered for veterans and transitioning service men and women.
  Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits
 

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.